STORY OF THE DAY
Would you want your building to know you?

Story of the week

News Would you want your building to know you?
20
May
2022

Would you want your building to know you?

by Ákos Budai
User data is highly valuable for smart buildings to create the best user experience possible and to help achieve ESG goals. The possibilities are endless and their only limit is related to privacy settings. Recently, Property Forum was invited to visit Drees & Sommer’s new net energy-plus HQ building in Stuttgart and to learn about the latest trends in building technology and sustainable development.
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Report

News CEE Colliers investment report
20
May
2022

CEE investment volumes return to pre-pandemic levels

by Property Forum
Year-end volumes for 2022 in Central and Eastern Europe could reach in excess of €12 billion but uncertainty around the war in Ukraine and economic headwinds, could impact this prediction, reveals a report by Colliers: CEE Investment Scene  Q1 2022.
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C&W registers rise in EMEA retail rents GTC records strong increase in net profit year-on-year Shortage of staff and materials limits resumption of constructions in Kyiv

Industrial

News Colliers Czech Republic industrial real estate report
19
May
2022

Czech industrial market reaches record highs

by Property Forum
For the first quarter of 2022, the growth of the Czech industrial market and the recovery of industrial production were not stopped even by outages in the supply chains. This quarter also continued to see a sharp rise in rents in almost the entire country. The market for industrial premises will continue to grow, but over the year the full effects of the war in Ukraine will be felt and construction may slow down slightly, reports Colliers.
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CTP records Q1 rental growth of 4.8% Maersk leases 18,500 sqm at 7R Park Łódź East I HAVI reports sustainability results from Chitila Logistics Hub

Investment

News Hungary Indotek investment Italy retail
19
May
2022

Hungarian investor Indotek expands to Italy

by Property Forum
The group entered the market with the acquisition of Le Masserie shopping centre in southern Sicily and a portfolio of 13 supermarkets, located mainly in Northern Italy. 
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SIF Banat Crișana buys land in Bucharest BNP: Investors in Poland retain "wait and see" strategy Cavatina gets financing from international consortium

Residential

News housing price Hungary mortgage report residential
18
May
2022

House prices reach record high in Hungary 

by Property Forum
House prices in Hungary have reached a new record in 2021. In Q4 2021, the biggest jump occurred in secondary cities compared to the last quarter of 2020 (25% year-on-year) followed by Budapest (11% year-on-year), the National Bank of Hungary (MNB) reports.
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IMPACT Developer & Contractor records Q1 profit growth of 49% Prime Kapital gets permit for resi project in Ploiești One United Properties Q1 2022 turnover up 81%

Office

News ESG Ghelamco office photovoltaic Poland Warsaw
18
May
2022

Ghelamco starts construction of own photovoltaic farms

by Property Forum
Ghelamco launches the construction of photovoltaic farms with a total capacity of 10 MW. By 2024 the company intends to achieve energy neutrality. Warsaw UNIT will be the first skyscraper in Poland powered entirely by clean electricity.
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Țiriac Imobiliare delivers office project in central Bucharest Flex offices will provide wider location and specification choice Savills: Recovery takes off on Warsaw's office market

Economy

News Bratislava construction government law Slovakia
17
May
2022

Obtaining a building permit in Slovakia to become faster

by Property Forum
Newly approved building regulations in Slovakia will significantly reduce the endless waiting for building permits. Thanks to advanced digitalisation, the individual processes and the timeframes for their execution are shortened. Builders will thus be able to calculate the capital invested and the entire work schedule more accurately. Therefore, a new Office for Spatial Planning and Construction is being established as a central state administration body, as well as a specialised construction office for the so-called EIA of construction at the Ministry of the Environment, webnoviny.sk informs.
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Czech gov't wants digitalisation instead of a central building authority Slovakia approves new laws on construction and spatial planning Value of construction works expands in Hungary

Retail

News Hungary Immofinanz retail park Stop Shop
17
May
2022

Stop Shop portfolio reaches 100% occupancy in Hungary

by Property Forum
Immofinanz has just leased the last free unit in its Hungarian Stop Shop portfolio, reaching a 100% occupancy rate. The newest and last tenant is Sportisimo in Stop Shop Keszthely. The company has roughly 136,000 sqm of fully leased retail space in 14 locations across Hungary. 
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Karuzela Puławy retail centre opens Scallier's Romanian portfolio to reach 11 retail parks BNP: Discount store chains in Poland are on the rise

Interview

News Ghelamco interview Kraków office Poland residential Warsaw
13
May
2022

Demand for high-quality office space is still there

by Michał Poręcki
Many office developers expect to see a supply gap in Warsaw over the next few years and some are ready to take advantage of this opportunity. Jeroen van der Toolen, Managing Director – CEE at Ghelamco talked to Property Forum about the changes in the Polish office market, the incoming supply gap and the company`s interest in the PRS sector.
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M7 Real Estate bets on logistics and its existing markets in CEE Rising rents can make up for increasing development costs Whatever we build now is cheaper than what we will build tomorrow

Career

News career Czech Republic industrial JLL logistics management
09
May
2022

JLL names new Director of Industrial and Logistics Agency in Prague

by Property Forum
JLL is expanding its leadership in the Czech Republic. As of 9 May 2022, it has a new Director of Industrial and Logistics Agency in the Czech Republic.
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Westbridge Advisory opens new HQ in Warsaw Avison Young recruits new Director of ESG UK and Europe PSN appoints new Director of Projects

Hotel

News CBRE hospitality hotel Hungary interview tourism
02
May
2022

Hungary’s hotel market gets more attractive for foreign investors

by Property Forum
New international hotel chains will appear in Budapest for the first time. Budget hotels will remain competitive. Slow recovery of conference tourism gives some hope to the hospitality industry in Hungary, Csaba Tóth, Director, Head of Hotels at CBRE Hungary says to Property Forum.
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Ensana hotel group invests €9 million in Romania Nordis to start hotel/resi deliveries in Mamaia Mercure Białystok Hotel is open for guests

New leases

  • Elegance Decor, the home & deco company, has leased 400 sqm in Bucharest-based Equilibrium 1 for its new office. The building has a total leasable area of 20,700 sqm and was developed by Skanska.
  • Majorel Polska, an international outsourcing services provider has extendied a lease agreement for the next 2 years and leased additional 400 meters for a new project - IT Hub in recently modernised Globis Poznań by GTC. It now occupies 3 200 sqm of A-class workspace. CBRE has advised Majorel Polska on concluding the lease contract.
  • NEPI Rockcastle Poland has extended its office lease agreement and enlarged its premises in the Cosmopolitan Twarda 4 building in Warsaw city centre. The shopping centre owner and operator now occupies 1,500 sqm of offices in the building.

New appointments

  • Tamás Kiss has joined Hungarian asset management company Diófa Alapkezelő Zt. and has been appointed deputy CEO. Previously he worked for several brokerage firms as a director of asset management and director of investment or compliance unit.
  • Tomasz Pietrzak, with MLP Group for more than five years, has been promoted to the position of Leasing Director Poland. Until recently responsible for the commercialisation of warehouse space in the Warsaw region, now he will manage leases across Poland.
  • Savills has hired Dušan Drábek who joins its industrial agency team with immediate effect. Based in Savills Prague office, the new Associate Director will work alongside the Head of Industrial Agency, Chris LaRue.

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